BAGS Ecosystem Token RALPH Market Cap Surges Past $59 Million to Hit New All-Time High, with a 24-hour Growth of 140%
January 22nd — According to GMGN Monitoring (link: https://gmgn.ai/sol/token/i_m4TE56o8_CxWPdDBqxVo3fnTMRTvNuSrd4gkp78udSrFvkVDBAGS), RALPH, a popular meme token in the BAGS ecosystem, has been climbing since 6 PM ET yesterday. Its market cap rose steadily from roughly $9 million to an all-time high of $59 million this morning, before pulling back to around $41 million.
Currently, the token trades at ~$0.041 with a market cap of ~$41 million. It’s up 140% over the past 24 hours and has jumped roughly 350% from yesterday’s lows.
BlockBeats reminds users: Meme coin trading is extremely volatile, often driven by market sentiment and hype rather than actual value or utility. Investors should be mindful of the risks involved.
5 minutes ago
Coinbase CEO Clashes with French Central Bank Governor at Davos: Stablecoin Yields and "Bitcoin Standard" Take Center Stage
On January 22, at the World Economic Forum in Davos, Switzerland, Coinbase CEO Brian Armstrong and Bank of France Governor Fran?ois Villeroy de Galhau engaged in a heated debate over two key topics: whether stablecoins should pay interest to holders, and the monetary properties of Bitcoin.
Armstrong argued that allowing stablecoins to offer yield to users would boost consumer returns and enhance international competitiveness. He noted that if regulated U.S. stablecoins are barred from paying interest, it could ultimately benefit offshore crypto products.
Regarding U.S. legislation, Armstrong stressed the CLARITY Act is not stalled but currently in negotiation. He explained Coinbase recently withdrew support to push back against the banking industry’s lobbying efforts that seek to restrict competition in the crypto sector.
On Bitcoin, Armstrong put forward the “Bitcoin Standard” concept, asserting it could serve as a long-term hedge against fiat currency devaluation. He counter
5 minutes ago
Trump: Wants a Fed Chair Like Greenspan
January 22
Former President Trump said Tuesday he hopes the Federal Reserve chair nominee will be similar to Alan Greenspan, who led the Fed for a lengthy stretch in the 1990s.
Trump doesn’t think strong economic growth will automatically trigger inflation or require interest rate hikes, and he argues the market’s reaction has been overblown.
During Greenspan’s tenure, he initially cut interest rates, later raised them, and let high-risk assets climb. His policies fueled the tech stock bubble’s expansion—driving economic prosperity but also setting the stage for the 2000 dot-com bubble collapse. The subsequent low-interest-rate environment indirectly contributed to the 2008 housing crisis.
5 minutes ago
Ark Invest Prediction: By 2030, BTC Price Will Surge to $760,000, Market Cap Will Reach $16 Trillion
On January 22, Cathie Wood-led Ark Invest predicted in its latest "Big Ideas 2026" report that Bitcoin’s market capitalization will reach roughly $16 trillion by 2030, with the total crypto market size growing to around $28 trillion.
Given Bitcoin’s fixed supply of 21 million coins, this valuation translates to a per-Bitcoin price of approximately $761,900—representing a roughly 765% jump from its current price of about $88,000.
Ark noted Bitcoin is maturing into a new institutional asset class, primarily serving as a digital store of value. Currently, U.S. Bitcoin spot ETFs and public companies hold roughly 12% of Bitcoin’s total supply. The firm expects Bitcoin to dominate the crypto market, growing at a compound annual growth rate (CAGR) of about 63% over the next five years.
(Source: The Block)
5 minutes ago
X Product Manager Reveals Top Accounts in Each Area of the Platform, with Crypto Industry CZ, Vitalik, Justin Sun Making the List
**January 22**
X Product Lead and Solana Ecosystem Advisor Nikita Bier announced today that, based on traffic performance over the past few months, X has compiled top accounts across industries and regions. These have been rolled into a new tool called the "Starter Pack"—built to help new users find accounts that align best with their interests.
For the crypto space, featured accounts include CZ, Brian Armstrong, Vitalik, Justin Sun, Shibetoshi Nakamoto, and others.
5 minutes ago